Simple, Fast and Secure Investment Property Lending in Kentucky
Looking for a hot investment property market? Check out the bluegrass state! With a loan from us, you can make money on a fix and flip, a new construction project, or an apartment build. And there are plenty of attractions and fun activities to keep your tenants happy. So what are you waiting for? Get in on the action today!
Kentucky Loan ApplicationInvestment Properties in Kentucky
Kentucky is a great state for real estate investors. There are many opportunities for investment, whether you're looking for fix-and-flip properties or long-term rentals. The market is diverse, with something to offer for every type of investor. Major industries support the local economy. Kentucky is known for its natural resources and energy industries but also is home to these large employers, Humana, Lexmark Int'l, Norton HC, Yum! Brands and Valvoline, to name just a few. These companies provide a wide variety of employees from entry-level to executives. Real estate investing is important for office space and housing marketing. However, flipping houses to rent is a major need for entry-level employee growth.
Kentucky boasts some of the best bourbon on the planet. The bourbon industry supports over 20,000 jobs and the market cap is over $1 billion dollars. Kentucky has a diverse and exciting sports scene, beside the obvious horse racing, football and basketball are huge draws in the state.
Another advantage to investing in Kentucky is the lower cost of living. This makes it an attractive option for rental properties, as tenants will be able to afford to live comfortably without breaking the bank. Average rental prices are $985.
Additionally, the low cost of living makes it a great place to invest in fix-and-flip properties, as you'll be able to start with a lower than average entry price with a median home price of $141,000.
If you're looking for a great place to invest in real estate, Kentucky should definitely be on your radar. With its potential for high returns and a low cost of living, it's a great option for any investor.
Kentucky boasts some of the best bourbon on the planet. The bourbon industry supports over 20,000 jobs and the market cap is over $1 billion dollars. Kentucky has a diverse and exciting sports scene, beside the obvious horse racing, football and basketball are huge draws in the state.
Another advantage to investing in Kentucky is the lower cost of living. This makes it an attractive option for rental properties, as tenants will be able to afford to live comfortably without breaking the bank. Average rental prices are $985.
Additionally, the low cost of living makes it a great place to invest in fix-and-flip properties, as you'll be able to start with a lower than average entry price with a median home price of $141,000.
If you're looking for a great place to invest in real estate, Kentucky should definitely be on your radar. With its potential for high returns and a low cost of living, it's a great option for any investor.
✓ Just a few of the locations we service - Lexington, Louisville
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Kentucky
Loan Summary Information for Kentucky
Getting the right funding in Kentucky can be challenging but we can help; Lend Some Money (LSM) offers private money for real estate, built for your local investment needs in Kentucky. Whether you flip houses, or are interested in building a new home to sell, or a rental for the long term, LSM has a product that can help. We are one of the premier hard money lenders in Kentucky. Read on to learn more about our current offerings in Kentucky.
Loan Products | FICO | $ Loan | Term | Rate | Points |
---|---|---|---|---|---|
FIX&FLIP (BRIDGE) | 620+ | $75K+ | 12-24 Mos | 10.25%+ | 2-4 |
RENTAL (1-4) | 660+ | $75K+ | 30-Yrs | 7.59%+ | 1-4 |
RENTAL (5+) | 680+ | $250K+ | 30-Yrs** | 7.89%+ | 2-5 |
NEW CONSTRUCT | 650+ | $75K+ | 12-24 Mos | 10.89%+ | 2-4 |
All loans must be used for non-owner occupied properties purchased for investment. Commercial properties are not eligible for lending unless they are mixed use and comprise at least 50% residential use.
** 30 Years 5, 7, 10 or interest only